Energy conference highlights predicted £268 billion North Sea expenditures
A leading energy economist has predicted that total field expenditures in the North Sea could amount to £268 billion over the next three decades.
A leading energy economist has predicted that total field expenditures in the North Sea could amount to £268 billion over the next three decades.
Byron Energy Limited has announced that production has commenced at its flagship South Marsh Island Block 71 (SM71) oil development, in the shallow water of the Gulf of Mexico.
OKEA has announced that Chrysaor, the leading oil & gas independent, has through its Norwegian subsidiary Chrysaor Norge A.S. entered into an agreement with OKEA to acquire a 15% interest in the PL038D license, covering the Grevling oil discovery in the Norwegian North Sea.
Following an independent assessment of Rovco’s quality management systems, the Bristol-based company received the internationally recognised ISO certification to the latest 2015 standard.
SBM Offshore has announced that the first steel cut for the hull of its standardised Fast4Ward FPSO took place at the SWS yard in Shanghai, China on Friday March 23, 2018.
The Oil & Gas Innovation Centre (OGIC) has invested more than £300 000 into three new projects which have the potential to cut operational costs and improve efficiency in the oil and gas industry.
The award covers the delivery and installation of subsea equipment including umbilicals, flowlines and the subsea production system for the Gumusut-Kakap Phase 2 Project.
Statoil is awarding a contract for pipelaying to Subsea 7 and for marine operations to Ocean Installer in the Askeladd field development.
Regular training sessions take place every year for Team Leaders and Technicians, who have a 'hands on' experience led by experts in the new technologies.
The B15 gas field development is a maiden gas development project for Sapura E&P and the first gas milestone was achieved within two years of the sanction of its Field Development Plan.
Due to its crablike motion characteristics, Chela can reach below the cantilever as well as elevate towards the main deck, providing crane access to an area traditionally blocked by the cantilever when drilling.
The Spotlight on New Technology Awards programme recognises the latest and most advanced technologies that are leading the industry into the future.
Ampelmann, a provider of safe offshore access to the energy industry, has been commended for its innovative N-type Icemann gangway with an OTC Spotlight on New Technology award.
Leading international engineering company, PD&MS Group, has secured a trio of contracts worth more than £10 million across three major North Sea late-life projects in the last six months, making the firm the UKCS market leader in the area of engineering and construction of topside modifications for the decommissioning sector.
Prosafe has signed a contract with BP Exploration Operating Company Limited (‘BP’) for the provision of the Safe Caledonia semi-submersible accommodation vessel at the Clair Ridge platform West of Shetland in the UK sector of the North Sea.